NFLP vs. NFLX
NFLP (Kurv Yield Premium Strategy Netflix ETF) is Derivative Income fund actively managed by Kurv, while NFLX (Netflix, Inc.) is a stock. Over the past year, NFLP returned -46.94% vs -41.91% for NFLX. With a 0.97 correlation, they move nearly in lockstep.
Performance
NFLP vs. NFLX - Performance Comparison
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Returns By Period
In the year-to-date period, NFLP achieves a -28.54% return, which is significantly lower than NFLX's -22.33% return.
NFLP
- 1D
- 0.12%
- 1M
- -20.07%
- YTD
- -28.54%
- 6M
- -27.91%
- 1Y
- -46.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NFLX
- 1D
- -0.08%
- 1M
- -17.81%
- YTD
- -22.33%
- 6M
- -22.12%
- 1Y
- -41.91%
- 3Y*
- 19.75%
- 5Y*
- 7.05%
- 10Y*
- 23.47%
NFLP vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NFLP Kurv Yield Premium Strategy Netflix ETF | -28.54% | -1.54% | 53.24% | 13.91% |
NFLX Netflix, Inc. | -22.33% | 5.19% | 83.07% | 20.65% |
Correlation
The correlation between NFLP and NFLX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2023 | 0.97 |
The correlation between NFLP and NFLX has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.
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Return for Risk
NFLP vs. NFLX — Risk / Return Rank
NFLP
NFLX
NFLP vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Netflix ETF (NFLP) and Netflix, Inc. (NFLX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NFLP | NFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 0.72 | 0.76 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | -0.92 | -0.04 |
| Martin ratioReturn relative to average drawdown | -1.77 | -1.61 | -0.16 |
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Drawdowns
NFLP vs. NFLX - Drawdown Comparison
The maximum NFLP drawdown since its inception was -49.06%, smaller than the maximum NFLX drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for NFLP and NFLX.
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Drawdown Indicators
| NFLP | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.06% | -81.99% | +32.93% |
Max Drawdown (1Y)Largest decline over 1 year | -49.06% | -45.62% | -3.44% |
Max Drawdown (3Y)Largest decline over 3 years | — | -45.62% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -75.95% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.95% | — |
Current DrawdownCurrent decline from peak | -49.00% | -45.62% | -3.38% |
Average DrawdownAverage peak-to-trough decline | -10.39% | -24.92% | +14.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.47% | 26.04% | +0.43% |
Volatility
NFLP vs. NFLX - Volatility Comparison
Kurv Yield Premium Strategy Netflix ETF (NFLP) has a higher volatility of 8.84% compared to Netflix, Inc. (NFLX) at 7.97%. This indicates that NFLP's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NFLP | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.84% | 7.97% | +0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 27.84% | 25.52% | +2.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.23% | 33.79% | +0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.07% | 43.22% | -14.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.07% | 41.55% | -12.48% |
Dividends
NFLP vs. NFLX - Dividend Comparison
NFLP's dividend yield for the trailing twelve months is around 29.68%, while NFLX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
NFLP Kurv Yield Premium Strategy Netflix ETF | 29.68% | 26.56% | 19.87% | 3.21% |
NFLX Netflix, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.98, NFLP and NFLX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
NFLP has higher volatility (8.84%) compared to NFLX (7.97%). In terms of maximum drawdown, NFLP dropped -49.06% vs NFLX's -81.99%.
NFLX currently has the higher Sharpe Ratio (-1.25 vs -1.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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